"The road up the mountain is winding and narrow, and I think it's not convenient to live on the mountain at all!"

In the back seat of the taxi, there was a square face, a burly and sturdy man with a bright look, and said to Li Mingde beside him with a smile.

"Haha, the idea of ​​wealthy people is definitely different from that of ordinary citizens. People live in the mountains, and the picture shows that the air is good and the sea view can be seen.

The Federal Garden you went to is a famous cottage in the Mid-mountain area. A house costs HK$3 million, but the real luxury houses in Hong Kong are all on the top of the mountain.

According to you, it is even more inconvenient to live on the top of the mountain. It takes more than half an hour to drive down the mountain. There is nothing near the house except trees and grass. Even if you buy a needle, you have to drive down the mountain.

But the big bosses with a net worth of over 100 million don’t have to do it by themselves when buying vegetables and cooking. They don’t have to rush to check in when they go to work like workers. They go whenever they want." The taxi driver in the front row is more talkative, and before Li Mingde could speak, he interrupted first.

"It's true that the master said, the pursuit of wealth is different from ours." The man sitting next to Li Mingde is named Wu Hongzhi, who is the director of the Housing Management Bureau of the Deep Sea Special Zone.

"Here, we have arrived at the downstairs of Federal Garden. The row of twenty-story buildings on the left top of our heads is Federal Garden."

While the taxi driver was talking, the car did not stop. After turning left at the intersection for dozens of meters, he turned around and turned in for about a hundred meters before parking the taxi at the entrance of the community.

This is Zhou Yang's newly changed residence a few days ago. The house price is expensive, so the property management is naturally stricter. The guard at the door called Zhou Yang and confirmed that it was the guest he invited, and then he put Li Mingde and Wu Hongzhi into the community.

"Director Wu, Manager Li, please do whatever you want, drink tea or coffee? The nanny I invited has gone out to buy vegetables. You must stay for lunch later." Zhou Yang enthusiastically welcomed the guests into the door.

"Boss Zhou, your house is well decorated and spacious, it must be more than 100 square meters, right?" Wu Hongzhi said after looking around for a few seconds.

"Director Wu and Manager Li are both much older than me, just call me Xiao Zhou or Zhou Yang. The property certificate of this house has 1,350 feet, but after removing the common space, the real-life area should be less than 110 square meters.

In fact, I live alone, so I don’t have to be so spacious. The house I rented in Rende Building in North Point was enough to live in.

But Hong Kong society is relatively snobbish. When many people talk about business, they will ask you where to live and what car to drive. If you live in the middle of the mountain and Kai Pingzhi, Hong Kong people will think they are successful people." Zhou Yang said and took the guests to visit his new residence.

"In this society, there are people who dislike the poor and love the rich, as well as people who are indifferent to fame and fortune." Li Mingde also said.

"Yes, it's a pity that there are many more ordinary people than gentlemen, so I just follow the local customs. The scenery of the Federal Garden is still very good. You can see most of the skylines on both sides of the Victoria Harbour if you live on the high-rise buildings." Zhou Yang said, pointing to the blue sea view outside the window.

"The scenery is good, so the price is expensive. On the way we came, the driver said that the house price here will be sold for more than 20,000 Hong Kong dollars per square meter?" Wu Hongzhi sat on the sofa in the living room and asked casually.

"That's right, the house I rent now is decorated with fine decoration and has a high-rise sea view house. If you buy it, it will cost about 25,000 yuan per square meter, and the lowest-priced low-rise house facing south is about 20,000 yuan." Zhou Yang nodded and said.

"The price here is about 7 times that of our Deep Sea Special Zone. No wonder many Hong Kong people are willing to come to us to buy houses. The main reason is that the housing prices in Hong Kong are too high." Li Mingde directed the topic to the housing prices in the Special Zone.

"Selling land is one of the important financial sources of the Hong Kong government, and the remaining land resources in Hong Kong Island and Kowloon are already relatively limited. Therefore, the Hong Kong government is not only unwilling to sell land at a low price, but is deliberately controlling the total land supply in order to push up low prices and obtain more fiscal revenue.

Land prices account for about half of the floor cost, so Hong Kong's houses will naturally not be cheap. The fierce speculative atmosphere in Hong Kong has accelerated the rate of rising housing prices.

However, people have a certain limit to the ability to withstand housing prices. When housing prices exceed the limit that ordinary people can bear, the accumulated bubble will burst, causing a plummeting housing prices to plummet.

Since the 1950s, Hong Kong's housing prices have completed two cycles of rapid rise to plummeting, and are now in the third cycle."

After Zhou Yang made two cups of tea for the customer, he went to the refrigerator to get a basin of washed fruit, and then sat down to chat.

"Mr. Zhou means that Hong Kong's housing prices may plummet in the future?" Li Mingde immediately asked.

"There is no good thing in the world that only rises but not falls! This round of housing price increases in Hong Kong probably started at the end of 1975.

Taking the huge scale of Taikoo City on the east side of Hong Kong Island as an example, when Swire Group launched its first batch of new houses in 1976, the highest price per foot was HK$230.

Another batch of new houses launched the following year rose to HK$300 per foot. However, buyers and speculators still started queuing for 48 hours in advance, so that before the lottery was released, Swire Real Estate had to invite Hong Kong police to send personnel to maintain order.

Now the average transaction price of second-hand houses in Taikoo City has exceeded HK$1,000 per foot, which is more than four times higher than four years ago. Do you think the rate of increase in housing prices is reasonable?

What’s even more terrifying is that the price of HK$1,000 per foot is not the limit, and the housing prices in Taikoo City are still rising rapidly. The important reason why housing prices are constantly being pushed up is that a large amount of speculative funds pour into the real estate market.

These hot money will only chase the rise and not the fall. Once the Hong Kong property market is at risk of a decline, these funds will choose to escape as soon as possible. At that time, a large number of selling orders sold at the same time are very likely to cause a tragedy of price tragedy." Zhou Yang explained in detail.

"Mr. Zhou thinks how long will it take for Hong Kong to fall before the real estate market plummet?" Li Mingde continued to ask curiously.

"This is difficult to predict accurately, but I have a trick. There are several Chinese-owned real estate tycoons in Hong Kong who have very accurate vision.

In the previous 73 years of the real estate market and the stock market plummeted, they not only did not feel any harm, but instead took the opportunity to stock up on a large amount of land at low prices, thus making a lot of money in this round of prosperity of the real estate market.

So I think as long as you observe those real real estate experts and when you start to take caution in the land auction in the Hong Kong government, it almost means that this round of real estate market has reached its peak." Zhou Yang said patiently.

"Mr. Zhou is frank and told us two unrelated people about the secret of getting rich in vain!" Wu Hongzhi saw that his colleague was going to ask in detail, so he had to interrupt first.

"This is not a secret. Most Hong Kong real estate speculators know that they are playing a game of playing drums and passing flowers.

But seeing the property prices rising rapidly, there are always people who can't control their greed, and they feel that the drum beat will not stop immediately, and they will not be the fool who will take over the final bid.

As the saying goes, the authorities are confused and the bystanders are clear. I did not enter the venue to participate in the game. It is naturally easy to stand aside and say sarcastic words." Zhou Yang took a sip of tea and chuckled.

"Mr. Zhou, even if you didn't contact us yesterday, I'm going to call you in the next few days. You and Mingde have proposed that you are planning to open a company in Hong Kong with us. We have discussed internally before..."

"This is just a trivial matter. Whether it is successful or not, we will put it aside for the time being. The reason why I called Director Wu to come to Hong Kong in person this time is to discuss another more important idea with you."

Before Wu Hongzhi could finish his words, Zhou Yang interrupted him and continued to say something.
Chapter completed!